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Metlife Life Insurance

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Metlife Insurance has been providing coverage for over 140 years. In 1863, several New York City businessmen raised $100,000 (an incredible sum back then) to found a company that they called the National Union Life and Limb Insurance Company. The company was meant to insure the sailors and soldiers of the Civil War. Five years later, the company began to focus on the life insurance business.

In 1879, the faltering insurance company brought in several British agents to train their American workforce, a gamble that paid off because in three short years the company was selling 700 new industrial policies each and every day.

In 2000, Metlife switched from a mutual insurance company to stock ownership. Two years later, they were the first insurance company to establish a financial holding company with a nationally chartered bank. Metlife also entered the world of retail banking by opening Metlife Bank. The company also announced its goal to have insured 100 million people by the year 2010.

Metlife acquired Travelers Life and Annuities in 2005. They are the largest life insurer in the United States and Canada based on sale and the largest provider of institutional annuities. They are the second largest provider of retail annuities.

Working Mother magazine has named Metlife one of their 100 Best Companies for Working Mothers seven years in a row. The company has also been named among the Top 50 Companies for Diversity by DiversityInc. And the National Association for Female Executives has named them among the Top 30 for Executive Women.

Metlife offers insurance for individuals, businesses, brokers and consultants which includes: auto, dental, disability, home insurance, financial planning, IRAs, life insurance, long term care and mutual funds. They also offer banking services and deferred annuities as well.

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